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BLEU (Bleuacacia) Interest Coverage : N/A (As of Mar. 2024)


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What is Bleuacacia Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Bleuacacia's Operating Income for the three months ended in Mar. 2024 was $-0.47 Mil. Bleuacacia's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Bleuacacia's Interest Coverage or its related term are showing as below:


BLEU's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Bleuacacia Interest Coverage Historical Data

The historical data trend for Bleuacacia's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Bleuacacia Interest Coverage Chart

Bleuacacia Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
No Debt N/A N/A

Bleuacacia Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Bleuacacia's Interest Coverage

For the Shell Companies subindustry, Bleuacacia's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bleuacacia's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bleuacacia's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bleuacacia's Interest Coverage falls into.


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Bleuacacia Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bleuacacia's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Bleuacacia's Interest Expense was $0.00 Mil. Its Operating Income was $-1.55 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.90 Mil.

GuruFocus does not calculate Bleuacacia's interest coverage with the available data.

Bleuacacia's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Bleuacacia's Interest Expense was $0.00 Mil. Its Operating Income was $-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.25 Mil.

GuruFocus does not calculate Bleuacacia's interest coverage with the available data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Bleuacacia  (NAS:BLEU) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Bleuacacia Interest Coverage Related Terms

Thank you for viewing the detailed overview of Bleuacacia's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Bleuacacia Business Description

Traded in Other Exchanges
N/A
Address
500 Fifth Avenue, New York, NY, USA, 10110
Bleuacacia Ltd is a blank check company. The company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Kat Peeler director 64 EAST 126TH STREET, #3, NEW YORK NY 10035
Jide James Zeitlin director, officer: Co-CEO and Co-Chairman THE KEFFI GROUP, 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lew Frankfort director, officer: Co-CEO and Co-Chairman COACH, 516 W. 34TH ST., NEW YORK NY 10001
Charles Mcguigan director, officer: COO, President and Director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Natara Holloway director GOLDEN BEAR PLAZA, 11760 US HIGHWAY 1, SUITE W506, NORTH PALM BEACH FL 33408
Bleuacacia Sponsor Llc 10 percent owner 500 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10110
Tom Northover director, officer: Executive Director 500 FIFTH AVENUE, NEW YORK NY 10110
Ibukun Awosika director 500 FIFTH AVENUE, C/O THE KEFFI GROUP LTD., NEW YORK NY 10110